Haydee

Update on Haydee

The member belongs to the "Imasumac II" communal bank. She continues to sell ice cream on the streets of Cusco. She is a responsible and hard-working person with a great desire to move ahead for her family. She works every day from 9:00 a.m. until approximately 5:00 p.m. This is the way in which she moves her family ahead.

She is asking for the loan to buy various flavors of ice cream.

She is grateful for the loan and she promises to make her repayments on time.

Previous Loan Details

The member belongs to the communal bank ”IMASUMAC II” which is located in the district of Huanchac in the province of Cusco and department of Cusco.
The member is Sra. Haydee. She is 38 years old, married and has 4 children aged 17, 15, 13 and 5 years. The member makes and sells different kinds…
More from Haydee's previous loan »

Additional Information

Important Information

About Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.